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Messages - BlockSavvy

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Cryptocurrency discussions / Shared Mining Ownership
« on: March 31, 2025, 12:18:01 PM »
What do you think about putting money into just a piece of a mining machine instead of getting a whole one yourself? With hardware, electric bills, and upkeep getting so pricey, a lot of people are saying shared mining is a chill way to jump into crypto without the headache of running a miner. You get some easy cash coming in without spending a ton upfront. But some people swear owning your own miner is better, more control, bigger profits. So what's your take? Is fractional mining the next big thing or does it feel too iffy to you? I'm curious!

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Picture this: I could lock in a steady electricity rate of just $0.04/kwh, mining crypto in a spot built for it, an industrial zone in Nigeria where they've set aside 2FW of power just for this gig. The buzz is real, partnerships are popping off, the tax breaks are sweet and it's pulling in people from all over the world to this up and coming mining hotspot. Honestly, am I sleeping on what could be the sneakiest good deal in crypto mining right now?

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Bitcoin Forum / Re: Mine Bitcoin or Just hold it?
« on: March 27, 2025, 09:36:21 AM »
Some people invest in bitcoin by mining while others simply buy and hold. Which method do you think is more profitable in the long run?
It's no longer advisable to be a solo miner, even in the last 4 years, cost of electricity and then the hardware, so can't just simply mine at your own home. And if ever you do, you will want to compete with bigger mining companies that obviously has the superpower advantage against you. So between the two methods, it's better to just be a holder, accumulate as much as you can, do DCA and you will be fine in the long run as you will not complicate things on your end and will just have to wait till the top of the bull run to make profits.

I appreciate your ideas but what if i put in hosting services and i just need to monitor my daily profit? it is a less hassle to acquire hosting services than home mining.

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Bitcoin Forum / Mine Bitcoin or Just hold it?
« on: March 27, 2025, 09:25:00 AM »
Some people invest in bitcoin by mining while others simply buy and hold. Which method do you think is more profitable in the long run?

5
Cryptocurrency discussions / Re: news in crypto sector
« on: March 26, 2025, 09:03:47 AM »
as we approach the bear run do you think news and events will also slow down in the crypto industry? will there be less big announcements and projects because of bear run? will the people be less interested to involve themselves in the market?

or will governments and crypto companies try to boost the market every once in a while and release some big news and launch big projects and implement positive policies?
The bear season completes the circle of market rotation, just as we have the day and the night in real life. It takes the bear season to determine how massive the next bull season would be.

Most Investors don't like the bear season because of price drop, while others use this medium to purchase more of any specific asset of interest as it dips deeper in price...
While traders scalp profits from shorting.. The market still remains active and going no matter the season.

From the angle of a Bitcoin Reserve, I think it'll be a smile for the nations who adopts this policy. As it would foster them to acquire more holdings as the price dips (Just a prediction though).

I've noticed that even though the bear market cools off a lot of the hype from regular people, the crypto world doesn't just hit pause. It's kind of fascinating to see how companies and even governments take this quieter time to stock up on assets and fine tune their projects, getting ready for the next big wave. The big splashy news isn't popping up as much lately but I can see there's still a ton of smart stuff going on quietly. I've watched those heavy hitters like the big investors and traders, staying super active which keeps the whole market from going totally flat. Honestly, i'm just trying to keep up with it all and focus on what's gonna matter most in the long run.

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Cryptocurrency discussions / Re: How would you invest $25000?
« on: March 25, 2025, 12:57:05 PM »
Let's assume you have $25k to invest in crypto. How would you diversify your portfolio? What are the things you will keep in mind? What will be your though process?

if I had $25,000 to toss into crypto, i'd want to play it smart but still have some fun with it. i'd stash about 60% in bitcoin and ethereum, those feel like the safe bets that won't vanish overnight. Then, I'd throw 30% into altcoins I actually believe in, ones solving real problems, not just hype. That last 10%? Oh, that's my gamble money, stuff so wild it might crash and burn or have me laughing all the way to the bank. i'd poke around for what's hot, make sure it's not sketchy and try not to get swept up in the hype like some rookie. Keeping my head on straight with this mix keeps me sane while I see where it takes me.

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I've noticed some companies are starting to roll out multi-year warranties on mining gear. It's got me wondering–could this actually make mining feel like less of a risky bet and more of a solid long term play?

8
       -       I have no interest in Pi at all, I don't believe in what they say is its potential, good luck to those who believe in it, because in my opinion there are many things that are not good for Pi, because until now all they are doing is hype.

And others, even though they don't understand it, are still investing because they think that its price will increase significantly in the market.
What do they think Pi is doing right now?

I've been looking into Pi network and it's still in this enclosed mainnet phase so I cant trade it on big exchanges yet. Some people I've talked to are really excited about its potential but others just think it's all hype with nothing solid to back it up. From what I can tell, whether it takes off depends on if people actually start using it and if it gets listed officially. Right now, putting money into Pi feels like a guess, I'm not sure it's proven itself yet.

9
I've been noticing how the mining world's changing lately. With electricity getting pricier in place like North America and Europe, the big mining crews are packing up and heading to spots with cheap, green power. I heard some areas are offering juice for under $0.06/kwh. It's low enough that even smaller folks like me could still make a buck. New mining setups are popping up there too, all slick and budget friendly. Makes me wonder if this shift's gonna totally flip how crypto mining works down the road–what do you think?

I've noticed mining's moving to spots with cheaper, greener power, places where electricity's under $0.06/kwh. It's cool because it's opening doors for smaller miners. I feel like this could shake up the whole industry and spread things out more. To keep up, I'm thinking about hunting for low cost power or tweaking my setup to run leaner. Are you planning to move yours or switch things up too?

10
Cryptocurrency discussions / Re: Earning from Crypto Platforms.
« on: March 20, 2025, 03:39:56 PM »
        -      There are many opportunities to make a profit here in the crypto space, actually, op. You just need to be vigilant about where you can avail crypto profit in this field. Even your skills can be used here as payment for bitcoin or cryptocurrency for your services.

So the only bottom line profit here is trading, then investing in potential projects here in cryptocurrency follows, and then other methods such as yield farming and staking. It depends on the wishes of each individual here.

I've found a bunch of ways to make money in crypto, like trading, investing, staking, or even setting up crypto payment services. They all come with ups and downs so I try to pick what fits my skill and how much risk I can handle. Trading's exciting but hectic while staking or holding long term feels steadier to me. I always dig into research first, scams and losses are no joke.

11
Well if we look back to Janu or December everyone was too excited and hoping that market would pump even more, but one thing I have learned that when most of the community members of crypto are expecting the market to pump in the upcoming quarter, it just don't pump like many were hoping that in the first quarter it will pump, which it did as BTC set new ATH but alt-season delayed.

Now I think in the quarter that was predicted down be downtrending, will now be acting as up trend (maybe). ADA is a very good project in compared to AVAX, although I have investedin AVAX instead of ADA big mistake but in future I am seeing ADA's ETF getting approved.

Well, mate, you have missed some parts of my post reply; maybe you have forgotten to add them in the reply. Yes, obviously, market condition was way too good as compared to the condition of the market today. But as of now, the market condition is frustrating. Although, i also have learned  something in this bull cycle, its my first bull run experience, and i used to hear from some fellow after BTC there will be great volume in altcoins, but what happened was the totally opposite.

As I don't know the long back history behavior of bull season, maybe it always acts like this before getting into the full potential. I mean, the market value starts to decrease just before altcoin season; is it like that? Or is this the first time market behavior is different?

I've noticed market trends don't always do what I expect, altcoins especially seem to lag after bitcoin hits a high. From what I've seen in past cycles, alt season often kicks in after a dip but every market feels a bit different. This drop might just be a breather before altcoins take off or maybe things are shiftuing in a new way. Honestly, I can't predict it perfectly, so I'm just staying patient, keeping my risks in check and watching the big signals.

12
Forum related / Re: Hi, introduce yourself
« on: March 20, 2025, 03:23:44 PM »
Hey, I'm BlockSavvy–crypto's got me curious, just kicking back and digging into how I can turn some spare cash into something big!

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